According to Lawrence and Lorsch, the Stability of an Organization's

question 65

Multiple Choice

According to Lawrence and Lorsch, the stability of an organization's environment determines the degree of

• A) synergy needed in an organization.
• B) differentiation and efficiency needed.
• C) differentiation or integration that is appropriate.
• D) profitability that is vital.
• E) marketing and integration that is profitable.

---

Definitions:

Partnership Agreement

A document that outlines the rights, responsibilities, and obligations of the partners in a business venture.

Partnership Organization

A type of business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Risks

The potential for experiencing loss, damage, or any other undesirable event.

Limited Partnership

A partnership arrangement with at least one general partner who manages the business and is liable for its debts, and one or more limited partners with liability restricted to their investment.